US Hunting Online Gambling Profits US Dept of Justice has issued subpoenas to London investment firms HSBC, Dredner Kleinwort, Credit Suisse and Deutsche Bank, connected with listings of PartyGaming, 888 and Betonsports Times Uncertainty surrounds aim of prosecuting investment in company that is legal in its own jurisdiction 22.01.07 NY Times, Online Gambling, PartyGaming

SportingBet Avoids France Online gambling firm SportingBet, whose CEO Peter Dicks is in prison in US, has banned directors travelling to France following arrest of directors of Bwin.com, only govt run gambling allowed in France 20.10.06 Times, Online Gambling, PartyGaming

Gambling Offline Fall out from ban on US custom continues to hurt online gambling, PartyGaming denies cash problems, but World Gaming suspends shares, Empire Online looking for offline opportunities for its £240m cash pile 10.10.06 Telegraph, Online Gambling, PartyGaming

Online Casino Links With Super-Lobbyist PartyGaming, BetonSport and other UK online gaming businesses paid big fees to Jack Abramoff, fallen 'super-lobbyist' who faces prison for corruption 06.10.06 Financial Times, Abramoff, Online Gambling, PartyGaming

Winners and Losers at Online Casinos Online gaming site struggle to regain their bearings, look to non-US markets Telegraph Louisiana has led fight against onling gambling, eager to protect its fast-growing casino trade 05.10.06 Telegraph, Gambling Law, Online Gambling, PartyGaming

US Gaming Ban Could Trigger Defaults PartyGaming could need massive new loan, covenants allow creditors to recall principal in case of law change, dividend cancelled Financial Times World Gaming may already be in default 04.10.06 BBC, Online Gambling, PartyGaming

US Gaming Law Unenforceable UK online gaming sites prepare to cease business for US clients, but banks say new law will not be enforceable, sites will disguise themselves, clients will migrate to less regulated payment systems Times Nigel Payne from SportingBet says US move is 'protectionism' and UK govt should intervene 03.10.06 BBC, Online Gambling, PartyGaming

Law Leads to Online Gambling 'Meltdown' Unlawful Internet Gambling Enforcement Act passes Congress, takes industry by surprise as attached to port security bill, bans banks and credit card firms processing gambling payments, UK firms suspending US operations, share prices collapse BBC PartyGaming, SportingBet and 888 expect to 'pull out' of US 02.10.06 Reuters, Capital Markets, Online Gambling, PartyGaming Links

State Threatens Arrest for Any Online Bets Louisiana is warning online betting sites that it will issue arrest warrants for executives of any online gambling site accepting bets from the state Financial Times Sportingbet finance director Andy McIver 'assumes' Louisiana has warrant for his arrest, following arrest of CEO Dicks 27.09.06 Reuters, Online Gambling

Sportingbet Chief Arrested in NY Peter Dicks, CEO of online gambling business Sportingbet, arrested at JFK on Louisiana warrant under computer gambling law, state has issued warrants for other executives at the UK firm 08.09.06 Telegraph, Online Gambling